Indian Oil, L&T & ReNew To Set Up JV For Green Hydrogen Startup
Indian Oil Corporation Ltd., Larsen & Toubro, and ReNew Power announced the signing of a binding term sheet for the formation of a Joint Venture (JV) company to develop a new green hydrogen sector in India. “The IndianOil-L&T-ReNew JV will focus on developing Green Hydrogen projects in a time-bound manner to supply Green Hydrogen at an industrial scale,'' stated CEO & MD of L&T.